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Oct 4, 2012 10:00am EDT
went after medical fraud in medicare and medicaid very aggressively, more aggressively than ever before. and we have saved 10's of billions of dollars. 50 million in waste taken out of the program. i have worked with the federal government to cut a trillion dollars out of our domestic discretionary budget. that's the largest cut in the budget since dwight eisen hour. . . when governor romney stood on a stage with other republican candidates for the nomination and he was asked, would you take $10 of spending cuts for just $1 of revenue? and he said no. now, if you take such an unbalanced approach, then that means you are going to be gutting our investments in schools and education. it means that governor romney talked about medicaid and how we could send it back to the states, but effectively this means a 30% cut in the primary program we help for seniors who are in nursing homes, for kids who are with disabilities. >> mr. president, i'm sorry. >> that is not right strategy for us to move forward. >> governor, what about simpson- bowles? do you support simpson-bowles? >> simpson-bowles,
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